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10. Legal

prop docs

Procedures to be followed in case of Loss of Property Documents

Property documents being the sole proof of ownership of a residential property is of utmost importance to the owner. Misplacement, loss or theft of property documents is a cause of grave concern for property owners. This is because no transaction can be carried out without the original sale deed. In such a scenario, the property […]

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New Town Kolkata

Draft New Town Kolkata Planning Area (Building) Rules 2014 and LUDCP

Alarmed by the unplanned urbanization in the New town planning area, which falls under the local panchayat, the government of West Bengal has drafted New Town Kolkata Planning Area (Building) Rules 2014 and a Land Use and Development Control Plan (LUDCP). New Town Planning Area which is called the HIDCO planning area covers 24 mouzas- […]

Stamp Duty cut a relief for property owners in West Bengal

The year 2014 began with a good news for about 85,000 flat owners owning flats in co-operative housing societies in Salt Lake, Rajarhat, North Kolkata, Burdwan and Durgapur and other places in West Bengal. State Finance department, Government of West Bengal issued an order in January 2014, allowing the original members of co-operative housing societies […]

Restriction on transfer of land in Kolkata Salt Lake withdrawn

During 1958 – 1965 the Salt lake city area in Calcutta (presently Kolkata) was developed by Irrigation and Waterways Department of Government of West Bengal, which since 1991 came to be known as Urban Development Department. In 1970s the area was plotted and about 13,000 residential plots were allotted on lease of 999 years tenure […]

Legal Aspects of a ‘Property Will’

A ‘Will,’ as it called in legal terms, has much relevance with regards to property inheritance. It is a legal instrument that thrusts upon a person, called the ‘testator’, the right to decide how his real estate will be managed and entrusted after his death. What is the purpose of a ‘Will’? A ‘will’ serves […]

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